AUSTRALIA'S ONSHORE PROVES HAVEN FOR SMALL FIRMS

Onshore exploration and development work in Australia, although not as active as offshore E&D, is providing interesting niche opportunities, especially for smaller companies. There continues to be hope of making commercial finds in Western Australia's onshore Carnarvon basin-site of Australia's first post-World War 11 oil discovery, Rough Range in 1953. An oil play is under way in the Canning basin, and gas finds are the focus elsewhere in Western Australia.

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